TOPIC: Retrospective application of the Late Payments Act

I seem to have a unique query for which I am looking for an answer. I have recently received a demand for payment of interest and charges from one of our suppliers who is in administration. They have allowed the administrator to "out-sell" their payment records with the sole intention of collecting as much as possible for the creditors funds. Has anyone had any experience of this type of demand? Given that we currently have no qualifying debts (i.e. all invoices have been paid) can this act still be applied? This relates to 10 invoices paid on an average of 40 days (i.e. 10 days outside the recognised 30 days) total charges and interest £629.06.

Re: Retrospective application of the Late Payments Act
2 years ago #2016

Hi yes, it is
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. Please send me a copy of the correspondence with your company name and your suppliers name blacked out or redacted.